Project Cost Consultant
Job Info Project Cost Consultant – Cornwall / South West
Job Specification Project Cost Consultant
Location: Cornwall/Devon
Remote with site visits
Role Overview
Project Cost Consultant will act on behalf of the client to provide financial, contractual, and progress oversight for the delivery of a new road scheme under the PCID agreement. The role ensures that the project is delivered in accordance with agreed milestones, statutory obligations, programme commitments, and cost forecasts.
You will work closely with the project team, legal advisers, contractor, and technical leads to monitor performance, manage valuations, and provide monthly assurance reporting.
Key Responsibilities
1. Procurement & Project Team Coordination
Identify key project team members and relevant stakeholders.
Confirm suitability, experience, and capability of the appointed project team.
2. Review of the PCID Agreement
Review and understand the PCID, including milestone dates, obligations, and delivery requirements.
Identify any clauses impacting cost, programme, or risk.
Liaise with Freeths and other legal advisers as required regarding PCID obligations and compliance.
3. Statutory Consents & Compliance
Confirm status of planning conditions and associated tracker.
Confirm progress and compliance with S278 agreements.
Review status of the Highway Bond.
Confirm compliance with all relevant statutory regulations and legislation.
4. Construction Cost Management
Monitor construction cashflow and report monthly.
Track and report on the Anticipated Final Account.
Assess and record variations during the period.
Monitor and advise on provisional sum adjustments.
Process valuations and payment recommendations in line with client procedures.
Implement or refine payment flow processes to ensure clarity of roles, dates, and dependencies.
5. Programme & Progress Monitoring
Review and comment on Contractor's Progress Reports.
Assess progress against key milestones within the PCID agreement.
Provide photographic records/schedules for each reporting period.
Identify risks relating to late completion and potential Extension of Time (EoT) claims.
Undertake monthly site visits and produce associated progress & assurance reports.
Liaise with the Technical Lead on quality and compliance matters.
6. Documentation, Legal & Insurance
Confirm the status of all required collateral warranties.
Verify that appropriate insurances are in place and remain valid.
Reporting & Deliverables
Monthly assurance report covering cost, progress, risks, statutory consents, and compliance with PCID requirements.
Monthly valuation assessment and recommendation for payment.
Updates to cashflow forecasts.
Evidence-based progress reporting supported by site inspections and photographs.
Notification of any emerging risks or deviations from the PCID.
Candidate Requirements
Essential
Experience as a Fund Monitor, Project Cost Consultant, Employer's Agent, Cost Manager, or similar client-side QS role.
Strong understanding of infrastructure or highway projects.
Proven cost management and valuation assessment expertise.
Ability to interpret legal agreements (e.g., PCID, S278) and understand their impact on cost and programme.
Ability to work with planners, legal teams, and technical leads.
Strong reporting, communication, and stakeholder management skills.
Experience producing monthly progress or fund-monitoring reports.
Desirable
MRICS or working toward chartership.
Experience with developer-led infrastructure delivery.
Understanding of local authority processes, statutory consents, and highways approvals